683 41st St APT 20, Brooklyn, NY, 11232 | $515/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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683 41st St APT 20, Brooklyn, NY, 11232 | $515/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Brooklyn at 683 41st St APT 20, Brooklyn, NY, 11232 generates $3,119/mo in rent and, after a $1,909/mo payment, leaves $515/mo in cash flow. Total monthly income is $3,119/mo, and annual cash flow is $6,174/yr on $129,285 invested. Return on cash invested sits at 24.68% in year one, and rental yield is 9.6% on a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 129.1% and total cumulative return in cash sums $166,904. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,119/mo property income rather than buyer’s personal income.

Condo

Built in 1924

N/A lot

$N/A/sqft

No HOA

More details about the property

Historic 1BR Co-op with Park Views 683 41st St, Sunset Park Bright, pre-war 1 bed/1 bath co-op directly across from Sunset Parkone of NYCs first co-op buildings. High 9 ceilings, triple closets plus deeded storage, and serene park views. Home Features Pre-War Charm: Inlaid parquet floors, crown moldings, original details Ample Storage: Three closets, private basement storage cage Modern Conveniences: Dishwasher-ready kitchen, on-site laundry, secure courtyard entry Low Maintenance Community Amenities: Garden oasis, Olympic-sized pool & rec center across the street! High-Speed Internet: NYC Mesh fiber for fast, affordable connectivity Location Highlights Parks & Recreation: Steps to Sunset Parks greenmarket, pool, gym & playground Dining & Shopping: Minutes to Industry City, Brooklyn Chinatown, Bush Terminal Transit Access: Easy D, N & R service to Manhattan Minimum 20% down. Cat friendly but sorry, no dogs. Schedule your showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 11232, Brooklyn, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,287 (100%)
Owner Occupied HU	2,037 (19.8%)
Renter Occupied HU	7,496 (72.9%)
Vacant Housing Units	754 ( 7.3%)
Median Home Value	$1,094,994
Average Home Value	$1,080,814